Originations

The executive who sold North Fork to Capital One for billions of dollars and later revived BankUnited discusses his plans, and reflects on a long career, now that he is retiring as BankUnited's CEO.

Emboldened by supportive comments from presidential hopeful Hillary Clinton, community development banks are asking regulators for more leniency in areas such as disclosure fees and Bank Secrecy Act enforcement.

The $29 billion-asset company said in a regulatory filing Thursday that the "needs to improve" rating will likely restrict its ability to make acquisitions and open branches.

A surge in new and existing home sales is prompting lenders to increase their payrolls.

Luxury-condo builder Extell Development Co. said it obtained a construction loan for a lower Manhattan project after months of delays, and bought more time to get financing for a planned tower on Billionaires' Row in Midtown.

Mortgage industry hiring and new job appointments for the week ending Sept. 2.

The slow start to Fifth Third's 3%-down mortgage illustrates some of the logistical challenges with such programs, which are on the rise across the industry.

The Mortgage Bankers Association has long been a staunch defender of the mortgage interest deduction. But the group's president and CEO now says he's open to Congress reducing, or even eliminating, the tax break.

More homeowners think now is a good time to sell a home than buy one, according to Zillow.

Mortgage rates moved slightly higher in reaction to Federal Reserve Board Chair Janet Yellen's Aug. 26 speech, but still remain near their all-time record lows, according to Freddie Mac.